Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is REV Group (REVG) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
REV Group is one of 122 companies in the Transportation group. The Transportation group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. REV Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for REVG's full-year earnings has moved 4.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that REVG has returned about 67% since the start of the calendar year. In comparison, Transportation companies have returned an average of -5.2%. This means that REV Group is outperforming the sector as a whole this year.
Another stock in the Transportation sector, Seacor Marine (SMHI), has outperformed the sector so far this year. The stock's year-to-date return is 5.5%.
The consensus estimate for Seacor Marine's current year EPS has increased 38% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, REV Group belongs to the Transportation - Services industry, which includes 22 individual stocks and currently sits at #223 in the Zacks Industry Rank. This group has lost an average of 1.1% so far this year, so REVG is performing better in this area.
Seacor Marine, however, belongs to the Transportation - Shipping industry. Currently, this 39-stock industry is ranked #77. The industry has moved +8.6% so far this year.
Investors with an interest in Transportation stocks should continue to track REV Group and Seacor Marine. These stocks will be looking to continue their solid performance.
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REV Group, Inc. (REVG): Free Stock Analysis Report SEACOR Marine Holdings Inc. (SMHI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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